Define: Change Order

What does "Change Order" mean? The meaning differs based on the contract. We found 2 definitions across 1 company in SEC filings.

Definition 1 (AXON ENTERPRISE, INC., seen in 1 filing)

Change Order means a written order to the Construction Manager signed by the Owner and Construction Manager, authorizing an addition, deletion, or revision in the Work, or an adjustment in the Guaranteed Maximum Price or the Contract Time, issued after execution of the Guaranteed Maximum Price Amendment.

Source: AXON ENTERPRISE, INC. 10-K

Definition 2 (AXON ENTERPRISE, INC., seen in 1 filing)

Change Order means a written instrument prepared by the Architect and signed by the Owner, Contractor, and Architect stating their agreement upon all of the following: (1) a change in the Work; (2) the amount of the adjustment, if any, in the Contract Sum; and (3) the extent of the adjustment, if any, in the Contract Time.

Source: AXON ENTERPRISE, INC. 10-K

Data extracted from 2 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 2
Companies: 1
Keywords:
Change Orderdefinitioncontract languagelegal termSEC filing

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